Patrick Industries
PATK
188 hedge funds and large institutions have $1.1B invested in Patrick Industries in 2017 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 75 increasing their positions, 65 reducing their positions, and 29 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 65
2.28% more ownership
Funds ownership: 200.36% → 202.64% (+2.3%)
3% more capital invested
Capital invested by funds: $1.07B → $1.1B (+$32.6M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 29
1% less funds holding
Funds holding: 190 → 188 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$22M |
| 2 |
TA
Teachers Advisors
New York
|
+$11.9M |
| 3 |
Millennium Management
New York
|
+$5.2M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$5.04M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$3.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$5.55M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$5.27M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$3.9M |
| 4 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
-$3.67M |
| 5 |
ACM
Argent Capital Management
St Louis,
Missouri
|
-$3.53M |
PATK Hedge Fund Activity: Q2 2017 in Review
188 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q2 2017, worth a combined $1.1B — up 3.1% from $1.07B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of PATK and 28 opened new positions — a net loss of 1 holder — while 65 trimmed existing stakes and 75 added.
The largest buyer was GW&K Investment Management, opening a new position worth an estimated $22M. The largest seller was Lord, Abbett & Co, cutting an estimated $5.55M.
- 188 institutional investors held Patrick Industries (PATK) as of Q2 2017, down from 190 in Q1 2017.
- Funds reported $1.1B of Patrick Industries stock for Q2 2017, up 3.1% quarter-over-quarter.
- 28 funds opened new Patrick Industries positions in Q2 2017 and 29 closed out, a net change of -1 holder.
- The largest Patrick Industries buyer in Q2 2017 was GW&K Investment Management, an estimated $22M added.
- The largest Patrick Industries seller in Q2 2017 was Lord, Abbett & Co, an estimated $5.55M sold.
Based on aggregated 13F filings for Q2 2017.